the paper is an attempt to present cash waqf as a model of giving in islam with philantrophiic of social justice prespective. on this prespective cash waqf placed in the context of empowerment amoong the econnomically marginalized. Cash waqf willb be integrated into microfinancing program to efectively alliviate absolute poverty. Waqf fund collected through cash waqf will be alocated as loan for microenterprises and the benefit will be alcated as qardhul hasan for the poorest.Baitul Mal We Tamwil is an ideal institution to operate the microfinancing programe based on waqf fund